Breaking: Entity Gaming shuts business operations in India
Entity Gaming was associated with multiple top brands in India, such as HP, Intel, Oppo, and HyperX, among others.
Founded in 2016, Entity Gaming, one of the oldest esports organization in India, has shut down its business operations. Sources have told StoryBoard18 that Entity Gaming was not able to generate adequate revenue to sustain business operations, leading to the shutdown.
Entity Gaming was associated with multiple top brands in India, such as HP, Intel, Oppo, and HyperX, among others. The gaming organization worked closely with multiple gaming streamers and was a key player in the esports ecosystem in India.
“Esports in India is on the decline. The cost of operations and maintaining an esports roster is difficult, especially when we cannot even break even. Harsh truth, but we have to shut operations,” said a source. Entity Gaming is likely to make an official announcement around its exit from the Indian esports scene.
In July, Entity Gaming sold its Dota 2 roster to North American esports organization Cloud9, marking Cloud9’s re-entry into Dota 2 esports. Entity had multiple game title rosters, including Counter-Strike, Battlegrounds Mobile India, Dota, and Valorant.
Recently, Entity Gaming secured second position in the ongoing BGMS 2024 tournament held by Nodwin Gaming. The team won a prize pool of Rs 15 Lakh. Team Soul won the BGMS Season 3 title winning prize pool of Rs 55 Lakh.
Storyboard18 reached out to Entity Gaming for an official statement. Story will be updated after a statement is released from the organization.
